Gregg Steinhafel

Target is cutting several thousand jobs as part of a plan to eliminate $2 billion in costs over the next two years. The goal: to make the Minneapolis-based discounter more agile to compete in an increasingly competitive landscape and appeal to shoppers who are buying and researching on their mobile devices. Target has a significant footprint across Hampton Roads and Virginia. On the Peninsula, the retailer operates locations in Newport News' Patrick Henry retail district; at the Peninsula Town Center in Hampton; and at the Marquis Shopping Center in Williamsburg. It's unclear how the layoffs would affect its Hampton Roads workforce. As part of the restructuring plans,...

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Target is cutting several thousand jobs as part of a plan to eliminate $2 billion in costs over the next two years.
The goal: to make the Minneapolis-based discounter more agile to compete in an increasingly competitive landscape and appeal to shoppers...

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